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American Secures Larger Government Loan After Rivals Reject Cash

September 25, 2020 Erin Slifka Comments Off on American Secures Larger Government Loan After Rivals Reject Cash
The airline said it would be able to borrow more than expected from the U.S. Treasury after rivals walked away from government loans, helping the airline shore up its cash reserves.

[…]

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US Business

Apple Suspends Commissions for Apps Offering Paid Online Events

September 25, 2020 Erin Slifka Comments Off on Apple Suspends Commissions for Apps Offering Paid Online Events
The change comes as the App Store owner faces scrutiny from software developers and regulators over how its digital marketplace operates.

[…]

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US Business

Boeing Board Accused of Lax Oversight Amid 737 MAX Crisis

September 25, 2020 Erin Slifka Comments Off on Boeing Board Accused of Lax Oversight Amid 737 MAX Crisis
A shareholder lawsuit that cites internal company documents alleges that the plane maker failed to properly oversee management’s responses to two fatal crashes and safety problems in the aircraft involved.

[…]

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US Business

Apple Faces Prolonged $15 Billion Tax Battle as EU Appeals

September 25, 2020 Erin Slifka Comments Off on Apple Faces Prolonged $15 Billion Tax Battle as EU Appeals
The tech giant’s legal battle over a $15.2 billion tax bill will continue, potentially for years, after the European Union appealed a court ruling that sided with Apple.

[…]

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US Business

Palantir Expected to Be Valued at Nearly $22 Billion in IPO

September 24, 2020 Erin Slifka Comments Off on Palantir Expected to Be Valued at Nearly $22 Billion in IPO
Palantir Technologies is expected to fetch a lofty valuation in its transition to a public company despite an unusually aggressive governance structure, in the latest sign of investors’ voracious appetite for new shares.

[…]

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US Business

Costco’s Sales Get Another Boost From Pandemic Buying

September 24, 2020 Erin Slifka Comments Off on Costco’s Sales Get Another Boost From Pandemic Buying
After stockpiling early in the pandemic, Americans continue to turn to Costco Wholesale to buy bulk quantities of groceries and cleaning supplies.

[…]

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US Business

Unemployment Claims Hold at High Level

September 24, 2020 Erin Slifka Comments Off on Unemployment Claims Hold at High Level
The number of applications for unemployment benefits has held at just under 900,000 a week this month, suggesting the labor-market recovery is stalling as layoffs restrain hiring gains six months into the pandemic.

[…]

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US Business

California’s Ban on New Gas Cars Further Upends Auto Industry

September 24, 2020 Erin Slifka Comments Off on California’s Ban on New Gas Cars Further Upends Auto Industry
California’s decision to ban sales of new conventional vehicles starting in 2035 shows how regulators’ aggressive emission targets are forcibly reshaping an industry that is struggling to keep its customers on board.

[…]

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US Business

Blue Cross Group Settles Antitrust Case for $2.7 Billion

September 24, 2020 Erin Slifka Comments Off on Blue Cross Group Settles Antitrust Case for $2.7 Billion
The agreement that the insurance group has negotiated would also require it curb practices that allegedly limited competition among its 36 member companies, according to people with knowledge of the matter.

[…]

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US Business

TikTok Owner Puts Deal With Oracle, Walmart in Beijing’s Hands

September 24, 2020 Erin Slifka Comments Off on TikTok Owner Puts Deal With Oracle, Walmart in Beijing’s Hands
ByteDance is seeking approval from Beijing for the White House-endorsed plan under new export restrictions, as Chinese state media continue criticism.

[…]

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U.S. Business News

  • The Middle East Has Been Good for Trump’s Bottom Line
    July 1, 2026 Comments Off on The Middle East Has Been Good for Trump’s Bottom Line
  • Inside the Multimillion Dollar Saga to Make a Naturally Blue M&M
    July 1, 2026 Comments Off on Inside the Multimillion Dollar Saga to Make a Naturally Blue M&M
  • The World’s Top Economists Are Sounding the Alarm on AI
    July 1, 2026 Comments Off on The World’s Top Economists Are Sounding the Alarm on AI
  • McKinsey Shakes Up Its Board After Scandals Over Past Work With Clients
    July 1, 2026 Comments Off on McKinsey Shakes Up Its Board After Scandals Over Past Work With Clients
  • Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case
    July 1, 2026 Comments Off on Google Must Pay Nearly $2 Billion to Klarna in Antitrust Case

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    Joplin Business Outlook, launched by the Joplin Area Chamber of Commerce, is an online business journal for the Joplin business community.   Curated by the Chamber staff, the Joplin Business Outlook is a compilation of news [...]
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